HSBC Agrees to Pay $470 Million to Settle Mortgage Abuse Allegations
The settlement reflects a continuation of enforcement actions to hold financial institutions accountable for abusive mortgage practices By Jeff Sorg, OnlineEd Blog (February 5, 2016) – The Justice Department, the Department of Housing and Urban Development (HUD) and the Consumer Financial Protection Bureau, along with 49 state attorneys general and the District of Columbia’s attorney general, have …
Categories: Mortgage, Real Estate
Tags: abusive mortgage practices, lawsuits, toxic mortgages